It's about time the sentiment is starting to change. When it does $5.00 +. be patient .......... All of the herd mentality analysts will flip flop and say...."Gee, maybey LU is a value play... management is turning things around... Brilliant thinking guys... That will start to happen at about $3.50 or so.
For the past 2-3 years those hanging on to Lu have always said the stock is going up to $5 then $7 and beyond. Get real this stock is Lucky it will see $7 by the end of 2006. Their is a load of options out their to former employees around $10.25. Pat Russo and her golden gang of crooks will hold it down till the options expire and then watch them fleece your money.
Sometimes...I really do wonder why this stock is kept in such a box. Like it's in some kind of - trading "prison" or something. It is kept locked up by millions of traders, I guess, who want to keep buying it at one price and selling it at the price that is 1 penny higher! It just seems really weird to me. The "tech rally" just doesn't include Lucent - no matter WHAT good news there may be. Really odd and strange. Why shouldn't it at least sell for over $3? $3 is simply NOT a lot for the share price of a stock. And LU can not even sell for that!!!??!!???!!????...Unreal. At least to me.
You have Hedge Funds & Institutions sitting on both sides of this thing so the retail investor just doesn't amount to a fart in the wind unless major news comes out. It's the legacy of a float that is so large.